Financial IQ Test  
What is your financial IQ? Take this 8-question quiz to find out! If you don’t like the results, try again. You will be asked a different set of questions.
     


For tax purposes, a capital gain is considered long term if the investment was held more than:

1 day.
1 month.
1 year.
10 years.

A limit order:

Is used to protect a profit if it is a limit order to buy.
Is used to execute a sell at a specific price or lower if possible.
Is an order to buy or sell at a specific price or better and can be good till canceled.
Is an order to be executed at the best price available and is not known until after confirmation is received.

A benchmark asset, commonly considered by investors to be risk-free:

Treasury Bill (T-Bill).
Share of preferred stock.
A Eurobond
A junk bond.

The net asset value (NAV) of a bond fund:

Cannot be determined.
Changes as interest rates change.
Is determined by the average coupon rates of the bonds in the fund.
Will not change as bonds in the fund are bought or sold.

Junk bonds:

Are bonds issued by junk yards.
Are sometimes called "high yield bonds."
Are less risky than government bonds.
Are not actually bonds.

The P/E ratio:

Is the same for all firms in a given industry.
Does not change over time.
Is typically higher for firms whose earnings are expected to grow rapidly.
Is the same as the dividend yield.

Investments in CDs:

Are riskier than investments in stocks.
Are inferior to investments in 8-tracks and vinyl records.
Are always tax deferred.
Are insured by the FDIC, but have generally underperformed stock investments over the long run.

Since the mid-1920s inflation in the United States has averaged:

About 3 percent.
About 7 percent.
About 10 percent.
About 12 percent

 
   
   
Vision Financial Group | Financial Planners and Wealth Management Fort Collins Co
1336 Oakridge Drive
Fort Collins, CO 80525
Phone: (970)482-2000 or (800)275-6988 Fax: 970-484-9271
greg@visionfinancialgroup.net rod@visionfinancialgroup.net denise@visionfinancialgroup.net maureen@visionfinancialgroup.net steve@visionfinancialgroup.net

Greg D. Anderson and Rodney K. Wilson are Registered Representatives of ProEquities, Inc., a registered broker/dealer and member FINRA and SIPC. ProEquities` home office is located at 2801 Highway 280 S, Birmingham, Al 35223, (800)288-3035. Vision Financial Group is independent of ProEquities, Inc.